Epic Research Update : US Markets
US Stocks closed higher on Thursday, with the Nasdaq rising for a sixth straight day, as investors looked past disappointing data on consumer spending, chalking the weakness up to weather instead of weaker fundamentals.
The Dow Jones industrial average was up 63.65 points, or 0.40 percent, at 16,027.59. The Standard & Poor’s 500 Index was up 10.57 points, or 0.58 percent, at 1,829.83. The Nasdaq Composite Index was up 39.38 points, or 0.94 percent, at 4,240.67.